They said bank just lock it in their desk or safe box

来源: 2009-10-15 13:16:27 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

So they have enough money in their balance sheet to meet Fed min reserve standard by accounting rule.

But you see how low the mortage rate is these days? Actually this is one way to flush money out. If that keep too long, it could cause inflation late on.